LyondellBasell income statement
In fiscal 2025, LyondellBasell reported revenue of $30.15bn, down 9.7% on the year before, operating income of −$420m (a -1.4% margin) and net income of −$738m, or −$2.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 48.2 | 45.4 | 44.1 | 45.6 | 32.7 | 29.2 | 34.5 | 39.0 | 34.7 | 27.8 | 46.2 | 50.5 | 33.3 | 33.4 | 30.2 | 32.0 |
| Cost of revenue | — | — | — | — | — | 23.2 | 28.1 | 32.5 | 29.3 | 24.4 | 37.4 | 43.8 | 28.4 | 28.8 | 27.6 | 27.4 |
| Gross profit | — | — | — | — | — | 6.0 | 6.4 | 6.5 | 5.4 | 3.4 | 8.8 | 6.6 | 4.9 | 4.6 | 2.6 | 4.6 |
| Research and development | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling, general and administrative | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.9 | 1.1 | 1.2 | 1.1 | 1.3 | 1.3 | 1.5 | 1.6 | 1.6 | 1.6 |
| Operating income | 4.3 | 4.7 | 5.1 | 5.7 | 6.1 | 5.1 | 5.5 | 5.2 | 4.1 | 1.6 | 6.8 | 5.1 | 2.7 | 1.9 | −0.4 | 2.8 |
| Interest expense | 1.0 | 0.7 | 0.3 | 0.4 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 | 0.5 | 0.5 | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 |
| Income before tax | 3.5 | 4.2 | 5.0 | 5.7 | 6.2 | 5.2 | 5.5 | 5.3 | 4.1 | 1.4 | 6.8 | 4.8 | 2.3 | 1.7 | −0.7 | 1.8 |
| Income tax | 1.1 | 1.3 | 1.1 | 1.5 | 1.7 | 1.4 | 0.6 | 0.6 | 0.6 | −0.0 | 1.2 | 0.9 | 0.4 | 0.3 | 0.1 | 0.4 |
| Net income | 2.1 | 2.8 | 3.9 | 4.2 | 4.5 | 3.8 | 4.9 | 4.7 | 3.4 | 1.4 | 5.6 | 3.9 | 2.1 | 1.4 | −0.7 | 1.3 |
| Diluted EPS | $3.74 | $4.92 | $6.75 | $7.99 | $9.59 | $9.13 | $12.23 | $12.01 | $9.58 | $4.24 | $16.75 | $11.81 | $6.46 | $4.15 | −$2.34 | — |
| Diluted shares (average) | 572m | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 5.3 | 5.7 | 6.1 | 6.8 | 7.2 | 6.1 | 6.6 | 6.5 | 5.4 | 2.9 | 8.2 | 6.4 | 4.3 | 3.4 | 1.0 | 4.2 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,808 | 7,677 | 7,658 | 7,727 | 7,091 | 7,197 | 9,177 | 8,499 |
| Cost of revenue | 7,003 | 7,128 | 6,871 | 6,821 | 6,756 | 6,496 | 7,139 | 7,003 |
| Gross profit | 805 | 549 | 787 | 906 | 335 | 701 | 2,038 | 1,496 |
| Research and development | 39 | 34 | 35 | 34 | 33 | 36 | 34 | 35 |
| Selling, general and administrative | 419 | 401 | 435 | 401 | 373 | 411 | 387 | 394 |
| Operating income | −597 | 114 | 285 | −731 | −88 | 239 | 1,543 | 1,067 |
| Interest expense | 116 | 107 | 118 | 130 | 132 | 138 | 138 | 138 |
| Income before tax | −818 | 59 | 224 | −856 | −142 | 137 | 808 | 963 |
| Income tax | −255 | 36 | 69 | −27 | −8 | −2 | 236 | 187 |
| Net income | −603 | 177 | 115 | −890 | −140 | 125 | 559 | 758 |
| Diluted EPS | −$1.85 | $0.54 | $0.34 | −$2.77 | −$0.45 | $0.38 | $1.71 | $2.32 |
| EBITDA | −208 | 437 | 617 | −381 | 297 | 581 | 1,890 | 1,437 |
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